What is Ambire AdEx? Ambire AdEx, formerly known as AdEx Network, is a Blockchain protocol that provides next-generation blockchain solutions for digital advertising. In this article, you can find answers to questions that investors wonder, such as what Ambire AdEx is, how does it work, what is ADX, how and where to buy it. As Kriptokoin.com, we have compiled it for our curious readers. Let’s examine the project together.
What is Ambire AdEx?
Ambire AdEx describes itself as a new solution and crypto wallet for advertising. The project analyzed the problems experienced by the digital advertising industry and brought solutions to these problems under Blockchain technology. It also offers a decentralized finance (DeFi) focused cryptocurrency wallet. Blockchain protocol; has the ability to record all interaction between advertisers, users and publishers. In this way, the project aimed to produce a more efficient and transparent advertising model and to crack the building blocks of traditional advertising. The protocol helps its users to understand advertisements created using personal data. However, it attracts corporate advertisers by offering simultaneous click data.
In addition to advertising products, Ambire AdEx also has a crypto wallet. This next-generation DeFi-focused wallet allows you to handle crypto and DeFi transactions in everyday life. Additionally, it has a simple and democratizing design. Therefore, it is suitable for both experienced and beginner traders. Also Ambire Wallet; It also has various features such as accessible UX, seamless onboarding, automatic gas fee management, hardware wallet support. The entire project works by performing micropayments on Ethereum using OUTPACE layer 2 payment channels.
What is ADX? What does it do?
ADX coin is Ambire AdEx’s native cryptocurrency. Focusing on DeFi and advertising, the main use case of the project’s native cryptocurrency is staking. In this way, the project ensures the security of the network and enables users to earn passive income. Validators are assigned for each ad campaign on the platform. The verifier then ensures that micropayments between advertisers are processed through tier 2 payment channels. Anyone who meets the required ADX coin requirements can become a validator. Verification takes place via ADX staking. Staking means locking assets into a specific smart contract. The more tokens staked, the more secure the network becomes. Users who stake their tokens are incentivized with ADX rewards. In late 2021, annual staking earnings were around 45%.
What is Ambire AdEx? How to get ADX?
Investors interested in the Ambire AdEx project are looking for ways to purchase ADX coins. To buy ADX, there must first be an exchange where the altcoin is listed. Currently, major exchanges such as Binance, KuCoin, Huobi Global, Gate.io, and HitBTC list ADX. Interested investors can become a full member of one of these exchanges and purchase ADX by depositing money into their wallets.
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